The number of Japanese firms planning to expand in China has fallen to less than 30% for the first time, according to a survey published on Tuesday, with economic slowdown, increasing competition and geopolitical tension putting many off. The waning appetite for Japanese businesses to augment operations in Japan's biggest trade partner, alongside the United States, underscores fraught bilateral ties between the east Asian neighbours. In an annual survey by the Japan External Trade Organisation, a semi-governmental export promotion agency, 27.7% of 710 companies said they were expecting to expand operations in China in the next a year or two.
(Bloomberg) Japanese companies in China see the economic situation as grim, according to a new report from the Japanese Chamber of Commerce and Industry in China released Thursday. Most Read from BloombergTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: UN Staff Given Evacuation Order for Northern GazaScalise Ends House Speaker Bid, Deepening Republican TurmoilIsrael Latest: Hamas Leaders Targeted as Ground War LoomsGhost in the Machine: How Fake Parts Infiltrate
Despite shrinking dealmaking activities involving Japanese investors, Vietnam still ranks high in the world in the top 10 mergers and acquisitions destinations for Japan
JapanFest Atlanta 2023 guide: Ticket, Event and location information ajc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ajc.com Daily Mail and Mail on Sunday newspapers.
Japanese Telecoms Establish Emergency Hotlines Amid Surge of Harassment Calls From China theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.